The Spanish subsidiary of the American coworking space firm WeWork closed the 2019 financial year with losses amounting to 10.1 million euros, 39% higher than a year earlier, according to the company’s accounts for that year.
WeWork Community Workspace has explained in its accounts that it incurred losses that led to a reduction in its equity and the existence of negative working capital, factors that cast doubt over its ability to continue as a going concern, according to Cinco Días.
Read the full article in Spanish.